The Zomato-backed startup has shortlisted Axis Capital, Jefferies, Goldman Sachs, Morgan Stanley and JM Financial to helm its INR 2,500 Cr ($292 Mn) public offering The IPO is likely to value the ...
Most retail investors have little idea how the opening price for an IPO is decided. They often rely on grey market premium (GMP), hype, and subscription figures to guess the listing level, even though ...